virgin or barclaycard?
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rabialiones
Posts: 1,957 Forumite
in Credit cards
hi, i am considering one of these to balance transfer around £2750 for 0% for 0 fees.
just a few queries if anyone can helpate.
have soft searched with virgin = 100% acceptance.
will either of these give me a credit limit to that amount.- is there any way of finding out prior to application
any advice appreciated
thanks
just a few queries if anyone can helpate.
have soft searched with virgin = 100% acceptance.
will either of these give me a credit limit to that amount.- is there any way of finding out prior to application
any advice appreciated
thanks
Nice to save.
0
Comments
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rabialiones wrote: »hi, i am considering one of these to balance transfer around £2750 for 0% for 0 fees.
Do Virgin offer 0% balance transfer cards with no fees? I thought they always charged for them.rabialiones wrote: »will either of these give me a credit limit to that amount
You won't know until you actually apply, there are too many factors to take into consideration.rabialiones wrote: »is there any way of finding out prior to application
Nope.I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com0 -
saw a virgin deal couple of days ago at 0% fees , but can't find it nowNice to save.0
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rabialiones wrote: »will either of these give me a credit limit to that amount.- is there any way of finding out prior to application
There is no way to know before applying. However, it doesn't mean you should apply at all costs. The limit you will be given depends on your income and the calculations lenders do on what "disposable income" you have.Your cholesterol levels are not seen, or used, by your heart and arteries, so ignore it.
:eek:.0 -
I'm not aware of any eligibility checkers that will give an idea of the limit you'd be offered, only the chance of being accepted. Even if you select the amount you'd like to BT they are under no obligation to offer you a card with a limit high enough to cover this. The only real way is to apply and see what happens, and then transfer as much as you can if the limit isn't high enough to transfer it all. The limit you are offered will depend on many factors, such as your income/expenditure, and the contents of your credit files.0
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MBNA and Nationwide are the only ones that give ballpark figures pre-application0
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Don't rely on eligibility checkers.
Barclaycard soft check suggested I was 95% accepted, so I applied.
Hard check now on credit report, while they think about my application. Hmm.
Not overly concerned tbh, as only hard check in over 12 months ,I am mortgage free, and have no plans for applying for proper credit, i.e. personal loan any time soon.0 -
Candyapple wrote: »Do Virgin offer 0% balance transfer cards with no fees? I thought they always charged for them.
Nope.rabialiones wrote: »saw a virgin deal couple of days ago at 0% fees , but can't find it now
They did. I got this one. No fee
Balance transfers:0% p.a. for 32 months
Money transfers: 0% p.a. for 32 months
Back in January 2018. I have seen this offer come and go.0 -
I don’t know the answer to your question, but I have both Virgin and Barclaycards, and prefer the Virgin card (although I’ve never had a fee free transfer), because it has a lower (1%) minimum payment. The BC has a minimum of 2.25%.
Just something else to throw into the mix.0 -
PRAISETHESUN wrote: »I'm not aware of any eligibility checkers that will give an idea of the limit you'd be offered, only the chance of being accepted. Even if you select the amount you'd like to BT they are under no obligation to offer you a card with a limit high enough to cover this. The only real way is to apply and see what happens, and then transfer as much as you can if the limit isn't high enough to transfer it all. The limit you are offered will depend on many factors, such as your income/expenditure, and the contents of your credit files.
MBNA, Lloyds, Halifax and Nationwide all give an indication as to what your initial credit limit will be.Time is a path from the past to the future and back again. The present is the crossroads of both. :cool:0
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